Stolen credit cards 'used in iTunes fraud'
12 June 2009 08:57:11
 |
| Police arrest DJs on card fraud suspicions. |
A gang of DJs based in London, Kent, Wolverhampton and Birmingham are thought by police to have bought their own music, on Apple's iTunes music store and Amazon.co.uk, through the use of stolen credit cards.
Royalties were then generated for the group from the sales and it is claimed they raised around £200,000 in profits.
Police are questioning the suspects on fraud and money laundering charges.
Detective chief inspector Terry Wilson, of the Metropolitan Police's e-crime unit, said: "This has been a complex investigation to establish what we believe to be an international conspiracy to defraud Apple and Amazon.
"We are now making it more risky for criminals who seek to exploit the internet and commit e-crime across national borders."
The alleged credit card royalties con is thought to be the first of its kind in the UK.
A total of six men and three women were arrested in the raids.
‹ Back
Other Credit cards News
-
Bank withdraws charity credit card scheme
Lloyds Banking Group will no longer offer charity credit cards. -
Nearly one in five new retirees owe money
Many retirees have outstanding credit card debts. -
Prepaid travel cards for gap year trips
Prepaid travel cards offer a safety net to young 'gappers'. -
Credit card use to rise in January
More people expect to rely on credit cards in January.
All Credit cards News
Other Home Page News
-
Bank withdraws charity credit card scheme
Lloyds Banking Group will no longer offer charity credit cards. -
Smart meters 'will not be compulsory'
Smart meters feed information back to the supplier -
Child SIPPs could turn babies into millionaires
Child SIPPs can provide comfort in retirement. -
Prepaid travel cards 'ideal for gap-year students'
Gap-year students should avoid carrying large amounts of foreign cash.
All News Stories
Product Offers
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.